£255,284
This estimated value is based upon the latest sale price for the house of £205,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £205,000 | 31 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in May 2019 the House Price Index for SUFFOLK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £205,000 results in an estimated price of approximately £255,284.
| 31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £205,000 | £50,284 | £255,284 |
The Postcode Pricing Model uses changes in average sales price within the IP1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 10.246 % | £21,004 | £226,004 |
| 3 Month Average | 15.650 % | £32,081 | £237,081 |
| 6 Month Average | 24.346 % | £49,909 | £254,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £247,807 | £244,000 | 37 PINECROFT ROAD |
| 31 Mar 2023 | £322,384 | £317,000 | 86 ELMCROFT ROAD |
| 10 Feb 2023 | £302,017 | £300,000 | 146 ASHCROFT ROAD |
| 30 Jan 2023 | £283,257 | £282,500 | 105 ASHCROFT ROAD |
| 20 Jun 2022 | £293,269 | £287,000 | 26 PINECROFT ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 19 Jun 2018. Using an estimated price of £255,284 means this house is valued at £2,934 per sq meter (£272 per sq foot).
The average size of a house on ELMCROFT ROAD is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Elmcroft Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elmcroft Road |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Elmcroft Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmcroft Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmcroft Road |